Tata Mutual Fund revises management of some of its funds
Gopal Agrawal and Murthy Nagarajan were recently appointed as CIO-Equities and head of fixed income respectively by Tata MF. Effective Apr 17, the fund houses revises the management of few of its equity schemes.
by Team Cafemutual Apr 19, 2017
Investor behaviour varies with region: SEBI
SEBI Investor Survey 2015 reveals that while 51% of respondents, who have financial investments, hail from the west, only 7% are from the south.
by R Daya Apr 18, 2017
AMFI requests govt. to keep service tax rate at 12% in mutual funds
The finance ministry reportedly called upon trade bodies two weeks ago to discuss implementation of goods and services tax.
by Nishant Patnaik Apr 18, 2017
Mahindra MF launches two funds
Mahindra MF will launch two open-ended schemes – Bal Vikas Yojana and Badhat Yojana on April 20
by Team Cafemutual Apr 17, 2017
28 per cent of inflows in equity funds is from balanced funds
Of net inflows of Rs1.30 lakh crore in equity fund category, Rs36,610 crore has come through balanced funds in FY 2016-17
by Padmaja Choudhury Apr 17, 2017
Uncertainty in returns keeps investors away from MFs
SEBI has found that 33% households prefer not to invest in mutual funds because they are not sure their money will be safe
by Daya R Apr 17, 2017
‘MF industry should encourage insurance agents to extend distribution footprint’
Rajesh Patwardhan, Chief Marketing Officer, LIC Mutual Fund, talks to Cafemutual on how his company has doubled its AUM over the last one year
by Nishant Patnaik Apr 15, 2017
PMS assets excluding EPFO touch Rs3.75 lakh crore in FY 2016-17
Portfolio managers witness 18% AUM growth in 2016-17, which was largely because of growth in assets of non-discretionary PMS
by Padmaja Choudhury Apr 15, 2017
SEBI chief to meet mutual fund CEOs on April 25 to discuss industry issues
SEBI will discuss larger policy issues for the development of the industry
by Nishant Patnaik Apr 14, 2017
MF industry collects net inflows of Rs.3.50 lakh crore in FY 2016-17
Net inflows in MFs rise 155 percent largely on account of equity funds.
by Padmaja Choudhury Apr 13, 2017
United Forum dissolves because of a lack of unity
United Forum was constituted to represent the distributor fraternity before SEBI, AMFI and Finance Ministry.
by Nishant Patnaik Apr 13, 2017
Appeal against SEBI on commission disclosure in SAT withdrawn
However, Jharkhand High Court will continue to hear the commission disclosure case.
by Nishant Patnaik Apr 13, 2017
Kotak MF helps IFAs to launch their own website
The fund house has collaborated with Mumbai-based Optimum Fintech to ‘Go Digital’ to help IFAs simplify operational requirements.
by Team Cafemutual Apr 11, 2017
MF assets rise 42% to Rs.17.54 lakh crore in FY 2016-17
Thanks to increasing participation of retail investors in mutual fund through SIP and mark to market gain, the industry has witnessed a healthy growth in its assets in FY 2016-17.
by Padmaja Choudhury Apr 10, 2017
Industry’s quarterly AUM up by 8%
SBI MF recorded highest growth in absolute terms by adding over Rs.16,000 crore in the fourth quarter of FY 2015-16.
by Team Cafemutual Apr 10, 2017